SPD Bank announced that the company plans to approve comprehensive credit lines of RMB 33.14 billion and RMB 16 billion for Shanghai International Group and Bailian Group, respectively. The credit period is 1 year. Shanghai International Group and Bailian Group are related legal entities of the company. The above transactions constitute related transactions. The Board Risk Management and Related Transaction Control Committee and a special meeting of independent directors have reviewed and approved the transaction, and the board of directors of the company has approved the transaction, and there is no need to submit it to the shareholders' meeting for consideration. The transaction is the company's normal credit granting business and does not have a significant impact on the company's ability to continue operating, profit and loss, and asset status.

SPD Bank announced that the company plans to approve comprehensive credit lines of RMB 33.14 billion and RMB 16 billion for Shanghai International Group and Bailian Group, respectively. The credit period is 1 year. Shanghai International Group and Bailian Group are related legal entities of the company. The above transactions constitute related transactions. The Board Risk Management and Related Transaction Control Committee and a special meeting of independent directors have reviewed and approved the transaction, and the board of directors of the company has approved the transaction, and there is no need to submit it to the shareholders' meeting for consideration. The transaction is the company's normal credit granting business and does not have a significant impact on the company's ability to continue operating, profit and loss, and asset status.